A key finding from this work was that job creation in the United States was not coming from large companies, but small independently owned businesses. It recommended that government policy should target indirect rather than direct strategies with a greater focus on the role of small firms. Over the past 35 years the level of government interest in entrepreneurship and small business development as potential solutions to flagging economic growth and rising unemployment has increased. It helped to spawn a new field of academic study and research.
Geographical details of Saudi Arabia, is as given below.
Explanation:
- Saudi Arabia is slightly more than one-fifth than the size of the US.
- Climate of Saudi Arabia is extreme, it is extremely hot during day time and extremely cold during nights. Mostly a desert type of climate along both the eastern and western coasts. Average monthly temperatures vary as per the season.
- The main natural resource of Saudi Arabia is oil and it is one of the key exporter's of petroleum in the world. The other resources included are natural gas, gold, copper and iron-ore.
- Saudi Arabia is the largest country in the world without a river and extensive coastlines.
- As per the latest census conducted the population was recorded to be 32.55 million.
- In country comparison it ranks to number 14.
- The ethnic composition of Saudi Arabia is 90% of Arabs and 10% of Afro Asians. However, amongst them the top two ethnic groups are Arabs and tribal Bedouins.
- Main religion in Saudi Arabia is Islam. Official citizen of Sunni (85 to 90%) and Shia (10-15%)
- Life expectancy at birth is 75.7 years and their main language official and spoken is Arabic.
- Saudia Arabia has completely monarchy type of government system.
- Capital city of Saudi Arabia is Riyadh.
- Elections rarely occur in Saudi Arabia however the voting age till 2004 was 21. And as of now it is 18 years.
- Saudi Arabia has an oil based economy with strong government controls over major economic activities.
- It possesses about 16% of the world's proven petroleum reserves, ranks as the largest exporter of petroleum, and plays a leading role in OPEC.
- Biggest import partners are China, United States, Germany, South Korea and France and Export partners are China, Japan, India and South Korea.
- Egypt- Egyptians making the population of the country. Also the government is working towards improving the education system in the country. Egypt being one of the most populous country has a population of 92,000,000
- Iraq - is inhibited by Iraqi people having a population of about 40,194,216
- Iran- is inhibited by Iranians having a population of about 79.9 million.
- Main ethnic group of Egypt/Iraq/Iran are-Eygptians/Arabs, Kurds and Turkmen and for Iran it is Persians.
- Main religious branch of Egypt/Iraq/Iran are- Muslims and Christians/Islam/Shia and Sunni.
- Main Language of Egypt/Iraq/Iran is-Arabic/Kurdish/Persian.
- Economy or Agricultural products are- Egypt (rice, wheat, barley, figs, melons, pomegranates). Iraq (wheat, barley and dates). Iran (wheat, rice, nuts, cotton and tobacco)
- GDP per capita of Egypt is 2,412.73 USD Iraq it is 5,165.71 USD and of Iran it is 5,415.21 USD.
